Skip navigation.
Go to the Principal Financial Group(R) home page
Principal Bank
Access your account
Open a new account
Online Banking
Quick Links
Tools and Services

High-Yield Savings Accounts

Advantage Savings

Earn a great interest rate and maintain access to your cash with a high-yield savings account from Principal Bank. Interest rates for our high-yield Advantage Savings Account are indexed to the federal funds rate to keep your rate competitive. Our high-yield savings account offers:

  • Tiered interest rates: higher rates for higher balances
  • 24/7 online account access
  • Three withdrawals each month*:
    • Transfer to your Principal Bank checking account online or by phone
    • Transfer money to your accounts at other financial institutions with Principal Bank Money Movement or through the Automated Clearinghouse (ACH)
    • Wire funds to your account at another financial institution
    • Have a cashier's check mailed directly to you

*A fee of $10 per transaction applies if this limit is exceeded. See Schedule of Fees for other types of fees that may apply.

Check current rates for Advantage Savings.

Open your high-yield savings account today online or call a personal banker at 1.800.672.3343 to open your account over the phone.

Plus, you have five ways to make deposits to your Advantage Savings account:

  1. Electronic deposit
  2. U.S. mail
  3. Telephone transfers
  4. Wire transfers
  5. Money Movement

Open a new account

Apply in the name of a Trust, Estate, Guardianship, Conservatorship, or UTMA.

Related Links

Overdraft Protection
Use your Principal Bank Savings Account as protection against unexpected expenses

Go to Overdraft Protection

Direct Deposit
Set up direct deposit of your paycheck into your savings account

Go to Direct Deposit

 

Have a question? Contact a bank customer service representative at 1.800.672.3343 or via e-mail.

Copyright © 2008, Principal Financial Services, Inc.
Disclosures and Terms of Use | Privacy and Security
Securities offered through Princor Financial Services Corporation, member SIPC